[ccpw id="39382"]

HomeCrypto NewsMarketCourt Finally Grants Ripple to Add Two Attorneys to Its Legal Team in SEC Lawsuit

Court Finally Grants Ripple to Add Two Attorneys to Its Legal Team in SEC Lawsuit

Date:

Written By:

Ripple has been granted permission to add two new attorneys to its legal team. 

Ripple’s motion to add two attorneys to its legal team in the ongoing lawsuit against the Securities and Exchange Commission has finally been granted. Attorney John K. Filan disclosed the development in a statement yesterday.

Shortly after two attorneys from Kellogg Hansen – Kylie Kim and Clayton Masterman –  were denied admission into Ripple’s legal team, the blockchain company moved immediately to file an amended motion for admission to Pro Hac Vice.

- Advertisement -

Defendants also notarized affidavits of the attorneys in compliance with local rules.

“Amended Motions for Admission Pro Hac Vice have been filed. Affidavits notarized,” attorney Filan noted in a recent statement.

The moves made by Ripple prompted the court to grant the motions that would see both attorneys added to the blockchain company’s legal team in the ongoing lawsuit.

- Advertisement -

“Both Motions to Appear Pro Hac Vice have been granted,” attorney Filan tweeted yesterday.

Pro Hac Vice Rule

Pro Hac Vice is a legal term used to add attorneys to a case within jurisdictions where the lawyer was not originally admitted to practice. However, attorneys for Pro Hac Vice are added in such a way that he or she will not commit unauthorized practice of law in the new jurisdiction.

Lawyers who practice Pro Hac Vice usually do so via the council of local attorneys.

The Move Could Prolong the Lawsuit

Although the development is considered strategic to increase Ripple’s chances of winning the lawsuit, the onboarding of the two lawyers to the company’s legal team may prolong the proceeding of the case beyond expectations.

Following an analysis provided by attorney Filan in May as reported by TheCryptoBasic, the lawsuit is expected to end on or before March 31, 2023.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

More from Author

Latest Stories

Guides